3, THE GROVE, MARTLESHAM HEATH, IPSWICH, IP5 3UZ - £332,500

3 THE GROVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £332,500 in March 2017, which was around 1% above the average March 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

3 THE GROVE Sold Prices

Land registry data shows two sales for 3 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 3 THE GROVE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 31 MAR	£332,500	£328,526	1% above HPI
2009 28 SEP	£185,000	£233,791	21% below HPI

3 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 3 THE GROVE sales from September 2009 and March 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 THE GROVE?

3 THE GROVE is 74m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Martlesham Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham Heath, and where 3 THE GROVE lies on this distribution: 17% of detached houses are smaller than 3 THE GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Martlesham Heath.

3 THE GROVE: Plot and Title Map

3 THE GROVE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 3 THE GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 THE GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 THE GROVE?

3 THE GROVE is located in MARTLESHAM HEATH, in the IP5 postcode district. The below map shows the position of No. 3 on THE GROVE.